31
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$839,900
Est. payment /mo
0.35 Acres Lot
New
25 Oakdale Avenue Akron, OH 44302
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Key Details
Property Type Multi-Family
Sub Type Midrise
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226025754
Year Built 1977
Annual Tax Amount $16,137
Lot Size 0.350 Acres
Lot Dimensions 0.35
Property Sub-Type Midrise
Source Columbus and Central Ohio Regional MLS
Property Description
Oakdale Apartments is a 14-unit apartment community offering immediate cash flow with additional upside through future rent growth. The offering includes two parcels (17 & 25 Oakdale Ave) and consists of fourteen 1-bedroom, 1-bath apartment units.
Every unit has been renovated within the past four years with luxury vinyl plank flooring throughout, while several units feature granite countertops. Each apartment is equipped with a new electrical panel and electric baseboard heat, with tenants paying their own electric service--helping keep operating and maintenance costs low.
Ownership has also installed two new sets of coin-operated washers and dryers in the partial basement, providing residents with a convenient on-site laundry facility while generating additional income.
The landlord is responsible only for the gas used to heat the domestic hot water and the electricity serving the common areas and laundry facility.
With strong cash flow, updated interiors, low maintenance costs, and room for future rent growth, Oakdale Apartments is an excellent investment opportunity. Agent owned.
Every unit has been renovated within the past four years with luxury vinyl plank flooring throughout, while several units feature granite countertops. Each apartment is equipped with a new electrical panel and electric baseboard heat, with tenants paying their own electric service--helping keep operating and maintenance costs low.
Ownership has also installed two new sets of coin-operated washers and dryers in the partial basement, providing residents with a convenient on-site laundry facility while generating additional income.
The landlord is responsible only for the gas used to heat the domestic hot water and the electricity serving the common areas and laundry facility.
With strong cash flow, updated interiors, low maintenance costs, and room for future rent growth, Oakdale Apartments is an excellent investment opportunity. Agent owned.
Location
State OH
County Summit
Area 0.35
Rooms
Other Rooms None
Dining Room No
Interior
Cooling None
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Akron Csd 7701 Sum Co.
School District Akron Csd 7701 Sum Co.
Others
Tax ID 67-30951
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Kaleb Packer I Heart Real Estate
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